Calculate Operating Profit Margin Given the Following Information: Sales =

question 71

Multiple Choice

Calculate operating profit margin given the following information: sales = $1,200; cost of goods sold = $450; general and administrative costs = $150.

• A) 0.385
• B) 0.50
• C) 0.625
• D) 0.75
• E) 0.875

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Definitions:

Value-clarifying Competency

The capability to effectively identify, articulate, and apply personal or organizational values in decision-making processes.

Political Competency

The knowledge, abilities, and skills required to effectively participate in and influence the political process.

Interactional Competency

The ability to effectively communicate and interact with others, recognizing and adapting to social cues and norms.

Administrative Policies

Administrative policies are the rules, guidelines, and procedures established by organizations or government bodies to regulate operations, manage conduct, and guide decision-making processes.